PPP Loan information for Larry's tire inc

$119,506

Larry's tire inc was initially approved for PPP Loan of amount $119,506, the current approved amount is $119,506. The loan was approved on 04/02/2021 by The Independent Bank reported 16 jobs and $119,506 was used to fund payroll.

Larry's tire inc is Existing or more than 2 years old

LARRY'S TIRE INC

Date Approved

04/02/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

LARRY'S TIRE INC

Borrower Address

19342 Lake Montcalm Rd

Borrower City

Howard City

Borrower State

MI

Borrower Zip

49329-9434

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

119506.00

Current Approval Amount

119506.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Howard City

Project County Name

MONTCALM

Project State

MI

Project Zip

49329-9434

CD

MI-02

Jobs Reported

16

NAICS Code

441320

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

119503.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

120363.82

Forgiveness Date

01/03/2022

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